When we received our first Phase I award, we dutifully attended the NSF Phase I conference several months into the project. At the conference, we were regaled with the joys of SBIR Phase II accounting. Accounting is only interesting to accountants. Unfortunately, it is essential to everyone else! And doing your Phase I accounting properly is foundational to getting your Phase II award. I know, you thought it was your technical work plan. And it is.
But it is also doing the accounting right to show that you can properly run a research program and deserved to be trusted with the big money!...
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As always if you need some help, we have an online course as well as personal coaching to help you put together an award-worthy proposal.